diff --git a/pkgs/development/python-modules/parameterized/default.nix b/pkgs/development/python-modules/parameterized/default.nix
index fb921bb2938..77529c059af 100644
--- a/pkgs/development/python-modules/parameterized/default.nix
+++ b/pkgs/development/python-modules/parameterized/default.nix
@@ -2,11 +2,11 @@
 
 buildPythonPackage rec {
   pname = "parameterized";
-  version = "0.7.1";
+  version = "0.7.4";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "6a94dbea30c6abde99fd4c2f2042c1bf7f980e48908bf92ead62394f93cf57ed";
+    sha256 = "190f8cc7230eee0b56b30d7f074fd4d165f7c45e6077582d0813c8557e738490";
   };
 
   # Tests require some python3-isms but code works without.